|
|
|
|
|
|
|
|
|
|
LATEST TOOLS
|
|
HOT TOPICS
|
|
MANUALS, GUIDELINES
|
|
|
|
|
|
|
Latest NAMS.AU
News:
Prime Minister announces major initiatives in Asset Management:
PRACTICE NOTES for Buildings now released.
NAMS Australia (NAMS.AU):
The IPWEA National Asset Management Strategy Committee
(NAMS.AU) provides national leadership and advocacy in the
sustainable management of community infrastructure.
NAMS.AU provides resources to assist
asset management practitioners.
Contact: Peter Way
Chairman, IPWEA NAMS.AU Committee
Institute of Public Works
Engineering Australia
Thank you to our Corporate Supporters for providing valuable support
of NAMS.AU
|
|
Policy on National Approach to Asset Management Planning
IPWEA NAMS.AU supports the application of a nationally consistent
framework for infrastructure asset management planning in the interests
of greater efficiency and optimum use of resources in the asset
management task.
To achieve that goal, NAMS.AU encourages all entities with
responsibility for managing service delivery from infrastructure assets
to adopt the structure and framework for asset management planning in
accordance with the International Infrastructure Management Manual
(refer Appendix A, IIMM, 2006). The IIMM is widely recognised
internationally as the world reference on asset management.
A copy of the Policy and Background is available for download.
Policy on Legislation for Sustainable Management of
Infrastructure
IPWEA NAMS.AU has a Policy which encourages all
State and Territory Governments to introduce legislation requiring Local
Governments, Regional and State Owned Utility Authorities, and
State/Territory Departments with responsibility for infrastructure
assets, to develop and maintain long term financial plans based on sound
infrastructure asset management plans. These long term financial plans
should cover a forward planning horizon of at least ten years and the
asset management plans on which they are based should desirably cover a
twenty year period.
Such legislation should not be prescriptive as to
how these plans are to be prepared but should require entities to
demonstrate to their communities and stakeholders, that they are
financially sustainable in the long term, through appropriate annual
reporting. It is important that long term asset and financial plans are
not produced for mere compliance with legislation, but to form an
essential part of management of an organisation.
A copy of the Policy and Background is
available for download.
Asset Management DVD
Sustainable Communities: Critical Insights
The asset management story is now available on DVD. It assists in
providing critical insights to elected members and the wider
community.
|
|
|
IPWEA has produced a DVD presenting a sustainable framework for the
management of community infrastructure. It is based on 3 key elements:
The above three elements provide the framework for implementing a
sustainable approach to the management of community infrastructure.
 Stewardship: The Role of Elected Members - Elected Members need an
understanding of their role as stewards of the communities’
assets.
Asset
Planning: Managing Existing as
well as New - We need to know the resources required to sustainably
manage existing assets into the future. This is through the preparation
of Asset Management Plans.
Financial Planning: An
Essential Part of Business The third element is to move from annual
budgeting to long term financial planning. Ten year financial strategies
need to be founded on sound 20 year asset management
plans.
The above three elements provide the framework for implementing a
sustainable approach to the management of community infrastructure.
|
|
|
The Asset Management
Story (PDF, 877k)
More information and AM DVD Order
Form (PDF, 440k)
|
|
For further information:
Lita Somogyi
|
|
|
Infrastructure Financial Management Guidelines
IPWEA NAMS.AU is
developing new national guidelines for financial management of
infrastructure. A series of 8 Position Papers is being prepared as part
of the background to development of the Guidelines. Your comment is
invited.
Position papers for comment:
Draft Table of Contents (PDF,
178k)
Position Paper
1 (PDF, 522k) - Asset
Consumption vs. Asset Renewal
Position Paper
2 (PDF, 638k) -
Sustainability in Service Provision
Position Paper
3 (PDF, 825k)-
Performance Measures
Position Paper
4 (PDF, 460k)-
Recognition of an Asset
Position Paper
5 (PDF, 470k)-
Capitalisation Policies
Position Paper
6 (PDF, 353k)-
Revaluation
Position Paper
7 (PDF, 678k)-
Determining Remaining and Useful Life
Position Paper
8 (PDF, 348k)- Long
Term Financial Planning
Please send your comments
to: John Howard
johnhoward.jra@bigpond.com
Useful Links:
AMQ Strategic Asset Management -
Good
AM resource
American Public Works
Association
ARRB Transport
Research
Australian Infrastructure Report
Card
Austroads
MAV Asset Management
Knowledge Base
Municipal Foundation of
Victoria - Study Tour Reports
National Guide to Sustainable Municipal
Infrastructure - National Research Council of Canada
Risk Profile
Survey - Penriths tool to benchmark assets risk
management
